Stay informed with real-time maritime industry updates
gCaptain
The maritime infrastructure sector in America is experiencing a significant investment surge, with ports expanding and shipyards modernizing, as reported by gCaptain. This development cycle, one of the largest in decades, carries hidden risks that stakeholders need to consider.
Seatrade Maritime
Seatrade Maritime reports that shipping organization Bimco and maritime security firm Vanguard are advising shipowners to exercise caution as the Strait of Hormuz reopens. The recommendations come amid ongoing security concerns in the strategic shipping route.
South Korean company Pan Ocean has been identified as the buyer of a four-vessel very large crude carrier (VLCC) order at Hanwha Ocean, as reported by Splash247. The shipbuilder announced a KRW800.1bn ($524m) contract with an unnamed Asian shipping company, later identified by multiple sources as Pan Ocean.
Seatrade Maritime
Pirates have launched attacks involving small arms fire near Yemen and Somalia, highlighting persistent dangers to shipping in the region, as reported by Seatrade Maritime. These incidents occur amid looming ceasefire discussions involving Iran.
OceanPact has been awarded a R$443.7 million contract by Petrobras for decommissioning services at the Marlim field, focusing on the P-18 platform's risers, as reported by Splash247. The contract was secured through a public competitive process.
Sallaum Lines has contracted two firm and two optional 8,600 CEU car carriers, marking the largest vessels in its fleet, as reported by Splash247. The order, placed with Xiamen Shipbuilding Industry, features PCTCs designed to operate on LNG, VLSFO, and MGO.
Capital Tankers, backed by Evangelos Marinakis, is set to expand its fleet by acquiring three VLCC newbuilding contracts from Capital Maritime & Trading Corp, as reported by Splash247. The vessels are being constructed at Hengli Shipbuilding in China, with deliveries scheduled for late 2027.
Offshore Energy
Next Geosolutions, based in Naples, has completed a trenching project at a gas site off the Libyan coast, as reported by Offshore Energy. The project is operated by Mellitah Oil & Gas Libyan Branch, a consortium of National Oil Corporation of Libya and Eni North Africa.
HD Hyundai Heavy Industries has entered a cooperation agreement with Malcon to develop eco-friendly Korea-type offshore wind support vessels. As reported by Splash247, the collaboration aims to create a service operation vessel (SOV) optimized for domestic offshore wind farms and seek approval from the Korean Register.
Varamar, an Antwerp-based operator, has acquired four multipurpose vessels, marking its entry into ship ownership, as reported by Splash247. Founded by Alexander Varvarenko in 2009, the company has previously focused on chartering and operating third-party tonnage.
